• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The New Generation of ERP System Within Supply Chain Domain

Extracts from this document...

Introduction

The New Generation of ERP System ----- Within Supply Chain Domain During the 1990s, Enterprise resource planning (ERP) systems were widely adopted and regarded as "the information backbone within the four walls of an enterprise" (MMH 2000). It ties together manufacturing, quality assurance, sales, distribution and finance by managing data from each area and plans whole company's resource use, from people to products. However, with the coming of the new millennium, a growing chorus of analysts had given ERP up for dead. Analyst Vinod Khosla of KPMG argued that "enterprise software is a broken model". Internet Week said that ERP systems were "losing some of their luster". Red Herring proclaimed "ER-Party's Over," and The Economist asked, "ERP RIP?" (Richard 1999) This collection, the five articles on "The New Generation of ERP System", (see appendices) argues whether "ERP is dead?", and provides the big picture of the next generation ERP system within the supply chain domain. ERP is dead? All the contributors of this collection have raised the weaknesses of the ERP. ...read more.

Middle

(MMH 2000) Supply chain management (SCM) enables the coordinated management of material and information flows throughout the chain from sources to customers. Sharing information is what transforms an ERP system into the backbone of a supply chain. As a result, many providers argue that the term ERP is becoming outdated. However, Regardless of the model, transactions are still at the heart of any electronic exchange. That's why ERP systems still have an important role in the new business environment. The order and inventory information that flows across an exchange is pulled together by an ERP system. (MMH 2000) ERP system within supply chain domain Nearly all contributors defined their own ERP system within the supply chain domain: Gartner Group calls it ERP II, while AMR Research Inc. prefers the term enterprise commerce management (ECM). (Doris 2001) One analyst has labelled such systems XRP, for extended resource planning. (Richard 1999) Instead of ERP think EAP, or enterprise application provider. (MMH 2000) ...The next generation ... ERP system, (Paul 2001) ...read more.

Conclusion

(Doris 2001) In the real world, all the major ERP vendors have announced or rolled out their "Web-centric" or "e-collaboration" products, while smaller specialty suppliers are already active in this new space. (Richard, Bob, MMH) Paul also illustrated the new ERP solution, which fully supports the supply chain, from procurement through sales without replacing the old ERP system. (Paul 2001) Despite the questions and the slowdown of the deployment, ERP is far from dead. In fact, it (the next generation of ERP) will emerge as the most important IT platform for the next decade. "Projections are for growth from about $14 billion this year to more than $52 billion annually in 2002 under estimation". (Richard 1999) Reference: 1. Doris Kilbane, Nuts and Bolts: Enterprise resource planning, http://www.midrangeerp.com/ASP/viewArticle.asp?strArticleId=40134, Supply Chain Technology News, July 2001 2. Paul Satre, Putting a fresh face on ERP, http://www.midrangeerp.com/ASP/viewArticle.asp?strArticleId=36275 Midrange Enterprise, March 2001 3. Richard W. Oliver, ERP is Dead! Long Live ERP! Management Review, Nov99, Vol. 88 Issue 10, p12 4. ERP for the Internet age, Modern Materials Handling, Aug2000, Vol. 55 Issue 9, p43 5. Bob Rosenbaum, A greatly exaggerated death for ERP http://www.midrangeerp.com/ASP/viewArticle.asp?strArticleId=31269 Supply Chain Technology News, December 2000 - 1 - ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. Case Analysis Report "Barilla SpA (A)" - Supply Chain Management

    easily extended for other in-house products and lead to better management for those products as well. One more important positive side effect of JITD will be identifying areas where cost reductions in operations can be achieved. This will be possible by having an interchange of ideas between the various partners.

  2. Wal-Mart's Unique Approach to Supply Chain Management

    Wal-Mart regularly monitors the factory base of their suppliers in order to assure that their suppliers must comply with the legal requirements and standards in the jurisdictions in which they conduct business. This includes labor and compensation laws, health and safety laws, and environmental laws.

  1. The Use of Geographical Information Systems (GIS) And International Technology Transfer by Non-Governmental ...

    one has yet found a logical basis for charging for the use of topographic data. The price elasticity of geographical information is limited, especially where competitive products exist and except where the use of 'official ' products is required by statute.

  2. Business planning

    I have also carried out a competitor analysis by identifying possible competitors by using local trade and telephone directories. I also pretend to be a mystery shopper, this way I was able to see the complete product range, compare prices including special offers and means of payment and examine thee layout of the restaurant.

  1. Wal Mart Supply Chain Management

    In most cases Wal-Mart used its own trucks to pick up inventory from its suppliers, proving to be cost-effective aiding in more cost savings for customers. Inventory turnover was very high, about once every two weeks for most inventory items (ICFAI 2004).

  2. Scottish Enterprise

    Small businesses tend to stay small as the owner-manager is not willing to sacrifice a stake in the business to promote it's growth. Small businesses are happy to grow their businesses as long as an organisation such as Scottish Enterprise and other economic development partners bear the risk.

  1. An Evaluation of Performance Related Pay and its Viability Within Public Sector Education

    Those workers who are not motivated will not receive as high wages and leave. If a system like this does not exist, workers may reach a ceiling of their pay and then decide there is no point in expending any further effort.

  2. The Entourage System: A Feasibility Study

    Presentation of Search Result BoyhBoth of the search options will return the results in the same format showing head-shoulder pictures of all matching profile up to 15 pictures per page with link to view the subsequent pages of the results.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work